Current:Home > ScamsWhy Capital One wants Discover-LoTradeCoin
Why Capital One wants Discover
View Date:2024-12-24 09:20:50
Capital One Financial Corporation plans to acquire Discover Financial Services in a $35 billion deal that would combine two of the largest U.S. credit card companies. Today on the show, five big questions about the deal, and the opaque system behind every swipe, tap or insertion of your credit card.
Related:
Planet Money's TikTok on the secret behind credit card rewards
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
veryGood! (349)
Related
- Are Dancing with the Stars’ Jenn Tran and Sasha Farber Living Together? She Says…
- U2 brings swagger, iconic songs to Sphere Las Vegas in jaw-dropping opening night concert
- Amber Alert issued for possibly abducted 9-year-old girl last seen at state park
- Why Kris Jenner Made Corey Gamble Turn Down Role in Yellowstone
- Bowl projections: SEC teams joins College Football Playoff field
- Young Evangelicals fight climate change from inside the church: We can solve this crisis in multiple ways
- European soccer body UEFA’s handling of Russia and Rubiales invites scrutiny on values and process
- The Supreme Court’s new term starts Monday. Here’s what you need to know
- Will Trump’s hush money conviction stand? A judge will rule on the president-elect’s immunity claim
- 28 rescued in 'historic' New York storm, state of emergency to remain: Gov. Hochul
Ranking
- Powell says Fed will likely cut rates cautiously given persistent inflation pressures
- Calgary Flames executive Chris Snow dies at 42 after defying ALS odds for years
- Bank of Japan survey shows manufacturers optimistic about economy
- AP Top 25: Georgia’s hold on No. 1 loosens, but top seven unchanged. Kentucky, Louisville enter poll
- Lou Donaldson, jazz saxophonist who blended many influences, dead at 98
- AL West title, playoff seeds, saying goodbye: What to watch on MLB's final day of season
- Afghan Embassy closes in India citing a lack of diplomatic support and personnel
- Man who served time in Ohio murder-for-hire case convicted in shooting of Pennsylvania trooper
Recommendation
-
NFL Week 10 winners, losers: Cowboys' season can no longer be saved
-
Put her name on it! Simone Biles does Yurchenko double pike at worlds, will have it named for her
-
Trump expected to attend opening of his civil fraud trial in New York on Monday
-
Will Russia, Belarus compete in Olympics? It depends. Here's where key sports stand
-
Veterans face challenges starting small businesses but there are plenty of resources to help
-
Plastic skull being transported for trade show in Mexico halts baggage screening at Salt Lake City airport
-
Simone Biles soars despite having weight of history on her at worlds
-
Last Netflix DVDs being mailed out Friday, marking the end of an era